Kampala, Uganda | THE INDEPENDENT | MTN Uganda on Tuesday donated e-waste worth UGX 20 million to Makerere University College of Engineering, Design, Art and Technology for recycling, reuse and dispose of responsibly. The donation amounting to 390 items includes 166 monitors, 134 desktops, and 90 laptops and shall be revamped …
Read More »Call to end teenage pregnancy dominates Acholi Heritage Bicycle race in Gulu
Gulu, Uganda | ISAAC KHISA | The MTN Uganda- sponsored Acholi Heritage Bicycle race has continued to gain momentum with cyclists turning up to represent their districts. On January 21, the Gulu District bicycle race started at 10 am with Ceaser Accelam winning the men’s category ahead of Andrew Okello who …
Read More »Simba Telecom to invest US$1million in New Year investment plans to boost its market presence
Kampala, Uganda | ISAAC KHISA | Local telecommunication devices and airtime solutions provider Simba Telecom has confirmed plans to enhance its market presence and effectiveness by improving its retail distribution capacity. The Simba Group operating subsidiary, which is also integrated telecommunications firm MTN’s lead distribution partner, is investing about US$1,000,000 in …
Read More »MTN Uganda supports efforts to recognize and reward exceptional journalistic work
The Independent wins 3 ACME journalism awards Kampala, Uganda | ISAAC KHISA | MTN Uganda supported the African Centre for Media Excellence (ACME) to recognize and reward excellent journalistic work as part of its efforts to promote good journalism. ACME, a Kampala-based media development organisation that supports African journalists to achieve …
Read More »Legal reforms behind Uganda’s insurance boom
The sector has also benefitted from a strong regulator Kampala, Uganda | ISAAC KHISA | Uganda’s insurance sector is more than seven decades old but momentous growth has only been recorded in the last 10 years as multinational and local insurers scramble for a pie of the emerging market. Big insurers …
Read More »BATU’s net profits up 14% to Shs 3.9bn
Kampala, Uganda | ISAAC KHISA | British American Tobacco Uganda has recorded a 14% increase in net profit to Shs3.9bn for the half year period ended June.30 driven largely by increase in sales revenues. Results released on Aug. 5 shows that the company’s gross revenue grew by 12% to Shs …
Read More »KCB enters DRC market
The move gives the lender access to Africa’s second-largest country with a population of over 93 million people Kampala, Uganda | KAMPALA, UGANDA | Regional lender, KCB Group, has followed the footsteps of Equity Bank to venture into the Democratic Republic of Congo. KCB Group, which already has operations in …
Read More »Wim Vanhelleputte bows out after 6-year stint at MTN Uganda
Telecom giant, MTN Uganda, has let go of its long serving Chief Executive Officer, Wim Vanhelleputte, setting the pace for the first top leadership transition since the telecom was listed on the Uganda Securities Exchange. Kampala, Uganda | ISAAC KHISA | Vanhelleputte, who has overseen the growth of the telecom …
Read More »Uganda Clays to invest Shs17.8bn in land, boost production
The company is eying regional markets including Kenya, Burundi, Northern Tanzania, DRC and South Sudan Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd will invest Shs 17.8billion to acquire more land with clays and boost production amidst the escalating competition in the baked clays products market. Martin Kasekende, the …
Read More »Afreximbank approves US$1bn to operationalise AfCFTA Adjustment Funds
Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank has renewed its approval of a US$1 billion facility to operationalise the African Continental Free Trade Agreement Adjustment Funds. The lender also approved a Grant Funding in an amount of US$10 million to seed the Base Fund of …
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